Sustainable Value
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Sustainable Value
''Sustainable Value: How the World's Leading Companies Are Doing Well by Doing Good'' is a book by Chris Laszlo published in 2008 by Stanford University Press (US) and Greenleaf Publishing Ltd. (UK). Synopsis Laszlo argues that companies creating sustainable value are going beyond regulatory compliance and energy conservation. They are differentiating their products by making them more accessible (or less toxic) and finding new products that address environmental and social problems, and then driving the innovation into supply that are more "green" in both senses of the word. The book gives a detailed account of the real-life sustainability stories of DuPont, Wal-Mart, Lafarge, and Cargill’s NatureWorks. Part II outlines the new competitive environment in which societal challenges become huge business opportunities. Part III introduces the "Sustainable Value tool-kit": a step-by-step approach to creating and managing value for stakeholders in a broad range of sect ...
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Sustainability Measurement
Sustainability measurement is a set of frameworks or indicators used to measure how sustainable something is. This includes processes, products, services and businesses. Sustainability is difficult to quantify and it may even be impossible to measure as there is no fixed definition. To measure sustainability, frameworks and indicators consider environmental, social and economic domains. The metrics vary by use case and are still evolving. They include indicators, benchmarks and audits. They include sustainability standards and certification systems like Fairtrade and Organic. They also involve indices and accounting. They can include assessment, appraisal and other reporting systems. The metrics are used over a wide range of spatial and temporal scales.Bell, Simon and Morse, Stephen 2008. Sustainability Indicators Measuring the Immeasurable?'' 2nd edn. London: Earthscan. . For organizations, sustainability measures include corporate sustainability reporting and Triple Bottom ...
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DuPont
Dupont, DuPont, Du Pont, duPont, or du Pont may refer to: People * Dupont (surname) Dupont, also spelled as DuPont, duPont, Du Pont, or du Pont is a French surname meaning "of the bridge", historically indicating that the holder of the surname resided near a bridge. , the name was the fourth most popular surname in Belgium, and , i ..., a surname of French origin * Du Pont family, one of the wealthiest families in the United States Companies * DuPont, one of the world's largest chemical companies * Du Pont Motors, a marine engine and automobile manufacturer from 1919 to 1931 * Dupont Brewery, a brewery in Belgium Places in the United States * Dupont, Colorado, an unincorporated community * Du Pont, Georgia, a town * Dupont, Indiana, a town * Dupont, Pointe Coupee Parish, Louisiana, an unincorporated community * Dupont, Ohio, a village * Dupont, Pennsylvania, a borough * Dupont, Tennessee, a community * DuPont, Washington, a city * Dupont, Wisconsin, a town * DuPont ...
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Business Executive
A business executive is a person responsible for running an organization, although the exact nature of the role varies depending on the organization. Executives run companies or government agencies. They create plans to help their organizations grow. Becoming an executive usually takes years of promotions and hard work since the qualifications of this role needs hard working individuals with years of experience in multiple facets of the business. Occupations The business executive occupation covers many jobs. These positions include chief executive officer, department store manager, and small business operator. Executives are in charge of their organization. They create and review goals for the company. They work closely with a team of upper-level staff or assistants. This team may make both long- and short-range plans to achieve these goals. Once the plans are set, executives make sure the company follows the changes. They do this by meeting with the managers of all the department ...
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Weatherhead School Of Management
The Weatherhead School of Management is a private business school of Case Western Reserve University located in Cleveland, Ohio. Weatherhead offers programs concentrated in sustainability, design innovation, healthcare, organizational behavior, global entrepreneurship, and executive education. The school is named for benefactor and Weatherchem owner Albert J. Weatherhead III, and its principal facility is the Peter B. Lewis Building. History In 1952, ''Western Reserve University'' established the School of Business by combining the Cleveland College Division of Business Administration and the Graduate School Division of Business Administration. From its founding until 1988, the activities of the School of Business were divided among the number of buildings in downtown Cleveland and in University Circle. In 1967, the merger of Case Institute of Technology and Western Reserve University created Case Western Reserve University, and the Western Reserve University School of Business ...
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Case Western University
Case Western Reserve University (CWRU) is a private research university in Cleveland, Ohio, United States. It was established in 1967 by a merger between Western Reserve University and the Case Institute of Technology. Case Western Reserve University comprises eight schools that offer more than 100 undergraduate programs and about 160 graduate and professional options across fields in STEM, medicine, arts, and the humanities. In 2024, the university enrolled 12,475 students (6,528 undergraduate plus 5,947 graduate and professional) from all 50 states and 106 countries and employed more than 1,182 full-time faculty members. The university's athletic teams, Case Western Reserve Spartans, play in NCAA Division III as a founding member of the University Athletic Association. Case Western Reserve University is a member of the Association of American Universities and is classified among "R1: Doctoral Universities – Very high research activity". According to the National Science Fo ...
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Visiting Professor
In academia, a visiting scholar, visiting scientist, visiting researcher, visiting fellow, visiting lecturer, or visiting professor is a scholar from an institution who visits a host university to teach, lecture, or perform research on a topic for which the visitor is valued. In many cases, the position is not salaried because the visitor is salaried by their home institution (or partially salaried, as in some cases of sabbatical leave from US universities). Some visiting positions are salaried. Typically, a visiting scholar may stay for a couple of months or even a year,UT"Visiting Scholar". The University of Texas at Austin. though the stay can be extended. A visiting scholar is usually invited by the host institution, and it is not out of the ordinary for them to provide accommodation. Such an invitation is often regarded as recognizing the scholar's prominence in the field. Attracting prominent visiting scholars often allows the permanent faculty and graduate students t ...
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Business Sector
In economics, the business sector or corporate sector - sometimes popularly called simply "business" - is "the part of the economy made up by companies". It is a subset of the domestic economy, excluding the economic activities of general government, private households, and non-profit organizations serving individuals. The business sector is part of the private sector, but it differs in that the private sector includes all non-government activity, including non-profit organizations, while the business sector only includes business that operate for profit. In the United States, the business sector accounted for about 78 percent of the value of gross domestic product (GDP) . Kuwait and Tuvalu each had business sectors accounting for less than 40% of GDP . In systems of state capitalism, much of the business sector forms part of the public sector. In mixed economies, state-owned enterprises may straddle any divide between public and business sectors, allowing analysts to use ...
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Stakeholder (corporate)
In a corporation, a stakeholder is a member of "groups without whose support the organization would cease to exist", as defined in the first usage of the word in a 1963 internal memorandum at the Stanford Research Institute. The theory was later developed and championed by R. Edward Freeman in the 1980s. Since then it has gained wide acceptance in business practice and in theorizing relating to strategic management, corporate governance, business purpose and corporate social responsibility (CSR). The definition of corporate responsibilities through a classification of stakeholders to consider has been criticized as creating a false dichotomy between the "shareholder model" and the "stakeholder model", or a false analogy of the obligations towards shareholders and other interested parties. Types Any action taken by any organization or any group might affect those people who are linked with them in the private sector. For examples these are parents, children, customers, owners ...
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Business Opportunity
A business opportunity refers to the process of selling or leasing product, service, equipment, etc., to help buyers or renters start a new business. It usually includes support or guidance to help someone begin a business, such as choosing a location or supplying the main product. The party offering the business opportunity will usually promise to help the buyer find the right place to operate, or directly provide the buyer with the desired product. This is different from an outright sale of an independent business, where there is no need to maintain a long-term relationship between the seller and the buyer. A business opportunity provides a way to start a business without the need to maintain ongoing connections like buying an independent business. Eckhardt and Shane (2003) argue that the identifying business opportunities is a key influencing factor on the road to future entrepreneurship. In simpler terms, spotting a good opportunity is often the first and most important step ...
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Society
A society () is a group of individuals involved in persistent social interaction or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations. Societies are characterized by patterns of relationships ( social relations) between individuals who share a distinctive culture and institutions; a given society may be described as the sum total of such relationships among its constituent members. Human social structures are complex and highly cooperative, featuring the specialization of labor via social roles. Societies construct roles and other patterns of behavior by deeming certain actions or concepts acceptable or unacceptable—these expectations around behavior within a given society are known as societal norms. So far as it is collaborative, a society can enable its members to benefit in ways that would otherwise be difficult on an individual basis. Societies vary based o ...
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NatureWorks
NatureWorks LLC is an international company that manufactures bioplastics—polymers derived entirely from plant resources—as an alternative to conventional plastic, which is made from petroleum. The commercial quality polymer is made from the carbon found in simple plant sugars such as corn starch to create a proprietary polylactic acid polymer (PLA) which is marketed under the brand name Ingeo. Headquartered in Plymouth, Minnesota, NatureWorks is jointly owned by Cargill and PTT Global Chemical, a Thai state-owned company. History In 2001, a joint venture between Cargill and the Dow Chemical Company was formed under the name Cargill Dow LLC and in 2005, Cargill bought out Dow’s interest in the venture. In 2002, a manufacturing facility in Blair, Nebraska began operations. It is the world's first and largest PLA facility and it supplies NatureWorks' Ingeo biopolymer. The Blair facility slated to increase its Ingeo nameplate capacity to 150,000 metric tons in the first quarter ...
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Cargill
Cargill, Incorporated is an American multinational food corporation based in Minnetonka, Minnesota, Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865 by William Wallace Cargill, it is the largest privately held company in the United States in terms of revenue. Some of Cargill's major businesses are trading, purchasing and distributing cereal, grain and other agricultural commodity, commodities, such as palm oil; trading in energy, steel and transport; raising livestock and production of fodder, feed; and producing food ingredients such as starch and glucose syrup, vegetable oil, vegetable oils and fats for application in ultra-processed foods and industrial use. Cargill also has a large financial services arm, which manages financial risks in the commodity markets for the company. In 2003, it split off a portion of its financial operations into Black River Asset Management, a hedge fund with about $10 billion of assets and liabilities. It previou ...
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